Slide 1: FY20 Half Year Results Presentation
FY20 Half Year Results Presentation February / March, 2020 Solving global challenges
Slide 2: Important Notice and Disclaimer
Important Notice and Disclaimer This presentation has been prepared by Calix Limited (ABN 36 117 372 540) (“Company”). INVESTMENT RISK SUMMARY INFORMATION An investment in Calix securities is subject to investment and other known and unknown risks, some of which are This presentation contains summar
Slide 3: Calix Limited Investment Highlights
• Cash flow Positive • Strong Balance Sheet • Growing Revenues • Highly Scalable • • Exporting to 8 countries • Recent acquisition secured - Calix Limited • Operations in Aus/US/Eur/Asia 5 fold sales revenue increase* Investment Highlights Partnering with Global Majors • Patented Platform • Funded D
Slide 4: H1 FY20 Results Overview
H1 FY20 Sales revenue growth • TOTAL: UP 144% pcp A$m H1 FY19 to $3.7m H1 FY20 Results $ AUS/NZ/SE Asia: Overview UP 39% pcp to $2.1m ~$30m in new grant funding Cash flow secured positive from operations for further R&D $12.4m 1260 capital shareholders* invested * As of Feb 2020 December: Successful
Slide 5: The Core Technology - Two Unique Benefits
• CO2 Capture The Core When processing Technology limestone or cement meal, gas exhaust is - A New Type of Kiln pure CO2 - Two Unique Benefits… Low Cost + Very High Surface Area (Reactive) Products For Wastewater Aquaculture Lake remediation >$50m has been invested to date in developing the Crop pro
Slide 6: Calix Business Strategy
• Growing Sales Revenues Developing Licensing Incomes Funded Innovation Calix Business • Wastewater • Crop protection • Carbon capture • Aquaculture • Advanced batteries Strategy • Lake remediation Global collaborative - Short, Medium and networks Longer-Term Value Established value chain from mine
Slide 7: FY20 Key Milestones
FY20 Key Milestones COMPLETED ON TRACK WATCH POINTS TAM A$B** WATER and Core sales growth Close IER (US) acquisition Exploit IER synergies – 36.7 WASTE WATER >25%: H1 pcp 39% by end-Dec 2019, secure 5- logistics, product quality, fold increase in annualised technology – drive us sales revenue* growt
Slide 8: Growing Sales Revenues - Water and Waste Water
1 WATER and Business model WASTE WATER • Aus/NZ and now US: Growing Sales Direct sales growth • Exploit logistics advantage Revenues Sewer odour and fat control, increase biogas production, – better product stability asset protection… • Exploit value-in-use – higher product activity - Update on our
Slide 9: Growing Sales Revenues - Aquaculture & Fresh Water
2 AQUACULTURE Business model & FRESH WATER • Distributors – 3 established, Growing Sales REMEDIATION covering Hong Kong, China, Water conditioner – traps Taiwan, Indonesia, Malaysia, Revenues Nitrogen and Phosphorous Vietnam, Thailand, Philippines -prawn farming for yield boost • Technical support o
Slide 10: Developing License Incomes - Crop Protection
3 AGRICULTURE Business model CROP PROTECTION • (Similar to pharmaceuticals) Developing – material transfer agreements for development and testing License Incomes Safe, environmentally friendly crop protection at a fraction of • Establish licensed sales / the cost marketing agreements with crop prote
Slide 11: Funded Innovation - CO2 Mitigation for Lime and Cement
4 CO2 MITIGATION Business model FOR LIME AND • Secure funding for next Funded CEMENT scale-up - COMPLETED • Prove technology at scale by Innovation Low Emissions Intensity Lime and Cement…Calix’s ~ 2025 “LEILAC” technology • License technology to industry / royalty basis - Update on our • Pursue oth
Slide 12: Funded Innovation - Advanced Batteries
5 ADVANCED Business model BATTERIES • 3-yr development program on Funded “drop-in” materials for Li-Ion batteries Innovation Cheaper, more recyclable and better performing batteries • Investigate uses of Calix technology in other areas of the value chain - eg Spodumene - Update on our processing for
Slide 13: ASX:CXL
ASX:CXL IPO July, 2018 As at 19 Feb 2020 Major shareholders As at 19 Feb 2020 Shares on issue ~147.4m Board & Management 17.5% Share price for IPO Capital Raise $0.53 per share Perennial Value Management 14.1% Share price on IPO $0.62 per share Sculptor Capital Management 11.5% Share price* $0.91 pe
Slide 14: Because there's only one Earth… …Mars is for quitters
Because there’s only one Earth… …Mars is for quitters